After a delay of over a year, the Egypt Economic Development Conference kicked off on March 13 in Sharm el-Sheikh with the participation of 90 countries. This would be Egypt’s opportunity to rebuild its economy by attracting international institutions and countries to invest in Egypt, helping a cash-strapped economy by raising Egypt's annual economic growth to 3.8%.
The conference, which Egyptian President Abdel Fattah al-Sisi described on his official Twitter account March 10 as the key to the future and the beginning of development in the country, is being held in the absence of a parliament.